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Xinxing Ductile Iron Pipes Co Ltd
SZSE:000778

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Xinxing Ductile Iron Pipes Co Ltd
SZSE:000778
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Price: 4.6 CNY -2.13% Market Closed
Market Cap: ¥18.2B

EV/GP

6.7
Current
31%
Cheaper
vs 3-y average of 9.7

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
6.7
=
Enterprise Value
¥18.4B
/
Gross Profit
¥2.8B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
6.7
=
Enterprise Value
¥18.4B
/
Gross Profit
¥2.8B

Valuation Scenarios

Xinxing Ductile Iron Pipes Co Ltd is trading below its 3-year average

If EV/GP returns to its 3-Year Average (9.7), the stock would be worth ¥6.68 (45% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+140%
Average Upside
74%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 6.7 ¥4.6
0%
3-Year Average 9.7 ¥6.68
+45%
5-Year Average 7.3 ¥5.03
+9%
Industry Average 16.1 ¥11.06
+140%
Country Average 13.6 ¥9.33
+103%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
CN
Xinxing Ductile Iron Pipes Co Ltd
SZSE:000778
18.2B CNY 6.7 19.2
ZA
Kumba Iron Ore Ltd
JSE:KIO
100.1B ZAR 1.4 6.9
BR
Vale SA
BOVESPA:VALE3
346.5B BRL 5.1 25.2
US
Nucor Corp
NYSE:NUE
51.7B USD 14.3 29.8
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 0 15
AU
Fortescue Metals Group Ltd
ASX:FMG
61.6B AUD 6.3 11.2
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR 6.3 11.4
US
Steel Dynamics Inc
NASDAQ:STLD
33.2B USD 13.8 24.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 6.3 41.2
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 2.4 28.7
KR
Posco Holdings Inc
KRX:005490
34.9T KRW 8.6 53.1

Market Distribution

Lower than 75% of companies in China
Percentile
25th
Based on 6 967 companies
25th percentile
6.7
Low
0 — 8
Typical Range
8 — 23.3
High
23.3 —
Distribution Statistics
China
Min 0
30th Percentile 8
Median 13.6
70th Percentile 23.3
Max 17 898 541.1

Xinxing Ductile Iron Pipes Co Ltd
Glance View

Market Cap
18.2B CNY
Industry
Metals & Mining

Amid the rapidly evolving industrial landscape of China, Xinxing Ductile Iron Pipes Co., Ltd. stands as a testament to the nation’s modern infrastructure ambitions. Known for its heavy influence in the iron and steel industry, the company primarily manufactures and markets ductile iron pipes, which serve as vital arteries for water supply systems across urban and rural expanses. Established with roots deeply embedded in innovation, Xinxing has honed its specialized production capabilities, transforming raw iron ore into advanced ductile iron—renowned for its robustness and resilience. The intricate process involves molten iron combinating with magnesium to achieve the desired ductility, which is then shaped into pipes capable of withstanding extreme pressures and environmental conditions. Each batch undergoes rigorous testing and quality assurance, a hallmark of Xinxing’s commitment to excellence and reliability, ensuring the company remains a preferred supplier in both domestic and international markets. Driving through the complex financial arteries of the company, Xinxing's revenue streams are fueled by a blend of innovative production, strategic partnerships, and insight-driven market expansion. The firm capitalizes on its extensive distribution network, which stretches from the heartlands of China to various international corridors, targeting sectors where infrastructure development is burgeoning. By aligning with national and regional infrastructure projects, Xinxing deftly intertwines its fortunes with those of growing communities and industries in need of reliable pipe solutions. Moreover, the company’s ongoing investment in research and development fosters advancements in product design and utility, keeping it ahead in a fiercely competitive market. As it continues to navigate the challenges and opportunities of globalization, Xinxing Ductile Iron Pipes Co., Ltd. not only embodies industrial strength but also the resilience needed to thrive amid the global demand dynamics for infrastructure essentials.

Intrinsic Value
7.36 CNY
Undervaluation 38%
Intrinsic Value
Price ¥4.6
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